UAE businessman to cover 70% of housing cost for Emirati youth planning to get married

In a significant move to address marital affordability challenges, prominent UAE businessman Khalaf Ahmad Al Habtoor has unveiled a comprehensive housing initiative specifically designed for Emirati youth contemplating marriage. The philanthropic program allocates 88 fully-equipped residential units within Dubai’s prestigious Al Habtoor Tower, offering one, two, and three-bedroom configurations to serve as starter homes for emerging families.

The initiative substantially reduces financial barriers to homeownership by covering approximately 70% of each apartment’s total value, requiring beneficiaries to contribute only the remaining 30%. This balance can be settled through a structured payment plan extending over a five-year period, subject to standard terms and conditions. With an estimated total value exceeding 270 million UAE dirhams, the program represents one of the most substantial private-sector interventions in marital support within the region.

This development aligns with the UAE Ministry of Family’s recently launched ‘Family First’ program, introduced during the World Government Summit, which seeks to enhance family-friendly infrastructure across public and urban spaces. The national effort has already implemented over 60 family-oriented policies through collaboration with more than 20 federal and local government entities, addressing critical gaps in housing, healthcare, education, employment, and social support systems.

Al Habtoor emphasized that his initiative transcends commercial real estate objectives, representing instead a tangible humanitarian commitment to removing one of the most significant obstacles young Emiratis face when considering marriage. The businessman has established a consistent track record of community-focused programs supporting citizen empowerment and family stability, including financial assistance upon marriage, enhanced support following childbirth, and active participation in national dialogues regarding youth challenges.

The philanthropist articulated his conviction that meaningful societal investment begins with supporting people directly, asserting that enabling young adults to form stable families generates profound long-term benefits for national social cohesion, economic vitality, and overall security. Al Habtoor concurrently issued a call to action for additional stakeholders to contribute practical initiatives that reinforce family stability and bolster the nation’s future.